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Dec 18, 2012
12/12
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private equity firm selling after last week's shooting in connecticut. should investors, rather than the government, take the lead in attempting to influence gun policy? >>> herb greenberg will be out with his list of the worst ceos of the year. in this hour he will reveal number three. my partner sue herera on the floor of the new york stock exchange. hi, sue. >> hi, ty. it's a strong day with a triple digit advance. we have 13 days until america goes off the fiscal cliff. events moving faster in washington. house speaking boehner meeting with party members, moving to plan b. that deals with bush era tax cuts. the white house rejected that. investors like whatever progress we're seeing. s&p 500 at a two-month high. s&p up 1 1/3 -- 1.1 on s&p, dow jones industrial average up 114 points, almost a full% enand nasdaq up 1 1/3. the latest on how those negotiations are progressing. >> over the last 24 hours or so we've had a flurry of proposals, counter proposals, responses, responses to responses. as it lies right now, basically all those responses have been
private equity firm selling after last week's shooting in connecticut. should investors, rather than the government, take the lead in attempting to influence gun policy? >>> herb greenberg will be out with his list of the worst ceos of the year. in this hour he will reveal number three. my partner sue herera on the floor of the new york stock exchange. hi, sue. >> hi, ty. it's a strong day with a triple digit advance. we have 13 days until america goes off the fiscal cliff....
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Aug 23, 2016
08/16
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. >> tristate area, look outside connecticut, new jersey, new york. prices aren't necessarily going up. as a matter of fact, they're coming down in a lot of those areas. you got south, go to florida, pockets of the middle america and you're statingi ing you got south, go to florida, pockets of the middle america and you're statingi in you got south, go to florida, pockets of the middle america and you're statingi ing you got south, go to florida, pockets of the middle america and you're statingi i starting rise. we bought a lot of properties in florida. the reality is prices continue to go higher. main ali because of job growth. >> the renovation strad the strong. not necessarily the building. the homes. >> people can't afford. >> put a kitchen in. >> without question and in fact, the residential private investment trends are great leading indicators. even though new home sales shouldn't matter for someone with an existing home, they're very, very good and speak to what's happening at lowe's and home depot. >> you're telling me they're building like c
. >> tristate area, look outside connecticut, new jersey, new york. prices aren't necessarily going up. as a matter of fact, they're coming down in a lot of those areas. you got south, go to florida, pockets of the middle america and you're statingi ing you got south, go to florida, pockets of the middle america and you're statingi in you got south, go to florida, pockets of the middle america and you're statingi ing you got south, go to florida, pockets of the middle america and you're...
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Aug 11, 2022
08/22
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number of tax holidays that we often see this time of year many states, including my home state of connecticut right now, have tax holidays during the summer so that people can go and buy certain goods, clothing, accessories, consumer electronics, that sort of thing, without having to pay tax on them right now the earliest and longest of all of those states is florida it went from july 25th all the way to august 7th. but right now in addition to all the other states who have concluded their tax holidays, you've still got illinois, massachusetts, maryland and connecticut that are either ongoing or have sales tax holidays for sure. most common exempt items are clothing, footwear, supplies and computers. so this could be that big catalyst for spending. back-to-schoole is a call to action the whole point is what's interesting here in addition to the normalization of school efforts, right, you also have this idea that maybe the spending picture gets a little more muddied because people are paying more for things because of inflation we've been talking so much about supply chain issues. if you can f
number of tax holidays that we often see this time of year many states, including my home state of connecticut right now, have tax holidays during the summer so that people can go and buy certain goods, clothing, accessories, consumer electronics, that sort of thing, without having to pay tax on them right now the earliest and longest of all of those states is florida it went from july 25th all the way to august 7th. but right now in addition to all the other states who have concluded their tax...
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230
Mar 17, 2010
03/10
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small team of lilly security staff from its indianapolis headquarters is also now on the ground in connecticut. the warehouse where this theft occurred had no 24-hour security guard. the company says it will make necessary appropriate improvements. in a job, though, that sounds like a scene out of "mission: impossible" or one of the george clooney "oceans" movies thieves made off with $75 million worth of prescription drugs from this non-descript eli lilly facility in connecticut. and this is where the inventory sits, waiting for a distributor like mckesson, for example, to take it to a drugstore chain or pharmacy benefit managers. now, lilly says prozac, which went generic a long time ago, the adhd drug called stratera, anti-depressant cymbalta, zi prexa, cancer treatments elinta and gemzar and the new blood thinner ephiant were all stored at the warehouse for a company that did $22 billion in revenue last year the theft is not material and insurance will probably cover it, and that's probably why this news did not move the stock. lilly has much bigger problems, after all. some of its biggest
small team of lilly security staff from its indianapolis headquarters is also now on the ground in connecticut. the warehouse where this theft occurred had no 24-hour security guard. the company says it will make necessary appropriate improvements. in a job, though, that sounds like a scene out of "mission: impossible" or one of the george clooney "oceans" movies thieves made off with $75 million worth of prescription drugs from this non-descript eli lilly facility in...
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Nov 6, 2018
11/18
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behind me for the last five hours in focus today in connecticut is the election for governor between democrat ned lamont and republican bob stefanowsky the state is in an economic and budget crisis the last few years. thousands of residents fled the state, including some prominent hedge fund managers that also left he spoke with cnbc earlier, said policies under the current democratic governor malloy have driven many hedge funds out of the state. he plans to do away with state income taxes in the next 8 years in an effort to recruit and retain businesses into connecticut. >> we've had two of the largest tax kreincreases in the state ur dan malloy, and tax revenues are down it is only common sense we need to do the reverse, get the economy moving for ones still here, i say hang on if you have survived eight years of governor malloy, i am going to be pro-business, create a stable tax environment, provided a skilled work force fairfield county used to be a financial services hub we can get that back >> reporter: we requested an interview with his opponent, ned lamont, but couldn't make
behind me for the last five hours in focus today in connecticut is the election for governor between democrat ned lamont and republican bob stefanowsky the state is in an economic and budget crisis the last few years. thousands of residents fled the state, including some prominent hedge fund managers that also left he spoke with cnbc earlier, said policies under the current democratic governor malloy have driven many hedge funds out of the state. he plans to do away with state income taxes in...
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May 13, 2010
05/10
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here to check on the intraday, joining us from stanford, connecticut, is richard volpe. one of the biggest primary trading floors in the country. good to have you with us. how would you say the bond option went? mediocre a fair description or not? >> erin, i think the results were basically average from over the last five or six auctions. but those auctions have grown in strength. i think the retail interest has been pretty strong on the back end of the market. the 30-year bond basically has -- the demand comes from mostly domestic accounts mor so than the shorter where we have a lot of foreign interest. overall there's been a pick-up in demand in the back of the market and the trend is going to be towards lower yield. >> what do you make of that trend? it's one thing to see strength on the short end of the curve where you're taking a whole lot less risk. is it fair to read that into this? >> i think there's just a comfort in moving out the curve right now. there's an expectation that yield is going to be low for a long time as our analyst likes to say, it seems to be th
here to check on the intraday, joining us from stanford, connecticut, is richard volpe. one of the biggest primary trading floors in the country. good to have you with us. how would you say the bond option went? mediocre a fair description or not? >> erin, i think the results were basically average from over the last five or six auctions. but those auctions have grown in strength. i think the retail interest has been pretty strong on the back end of the market. the 30-year bond basically...
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May 19, 2021
05/21
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the guidelines ultimately the local government has to decide how it works in florida, texas, today connecticut, there is no requirement to check there is no mask requirement, complete honor system. if you are not vaccinated, we certainly hope you continue to be a good member of our community and you put on a mask to protect your fellow members n. a mark like new york or soon to be chicago, there is caveat, where we still don't check to see if you are vaccinated. it is still the honor system but as a result, we expect those who are not vaccinated to put on a mask and we expect distancing to be maintained. >> you mentioned you had to close a lot of gims -- clubs you call them clubs. as a result, people bought at home exercise equipment, pelotons, mirrors, sometimes just whaits. you are opening up you are planning on going public via spac what do you think opening to 100% capacity will do if those spac plans are in place? >> let me start with, what's a spac >> it is not an exercise. >> not an exercise we have always had tremendous interest across our portfolio. we have our physical business, now
the guidelines ultimately the local government has to decide how it works in florida, texas, today connecticut, there is no requirement to check there is no mask requirement, complete honor system. if you are not vaccinated, we certainly hope you continue to be a good member of our community and you put on a mask to protect your fellow members n. a mark like new york or soon to be chicago, there is caveat, where we still don't check to see if you are vaccinated. it is still the honor system but...
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May 21, 2021
05/21
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connecticut is fully open for business, i assume >> connecticut is fully open for business look, we started opening a year ago for outdoor dining we never closed manufacturing. we never closed construction but now we've completed it indoor and outdoor retail dining no masks unless you're unvaccinated then you have to wear a mask indoors a little bit longer. >> tell me about this jobs program and why you're doing it. we have talked a lot in fact, a number of governors of other states have chosen to no longer give the additional supplement of 300 million in unemployment insurance saying it's not encouraging people to go back to work. is what you're doing something along those lines? >> we're giving $1,000 to the first 10,000 people that take the job. if you've been long-term unemployed a lot of people that are still sort of covid hesitant may need a nudge. we've expanded day care dramatically so it's easier for women to get back into the work force. and now is the time to give people an extra nudge to get back to work we need them, especially in restaurants and stores >> it's morgan i'm looki
connecticut is fully open for business, i assume >> connecticut is fully open for business look, we started opening a year ago for outdoor dining we never closed manufacturing. we never closed construction but now we've completed it indoor and outdoor retail dining no masks unless you're unvaccinated then you have to wear a mask indoors a little bit longer. >> tell me about this jobs program and why you're doing it. we have talked a lot in fact, a number of governors of other states...
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Dec 15, 2021
12/21
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i saw a chart for the state of connecticut this morning i'm not sure it can be ex extrapolated for the united states as a whole, but cases look to be the same as last december this is implying delta is still raging and causing the case levels to tick higher. >> absolutely. there's really concerning reports yesterday from a cdc briefing of public health officials where in one scenario you have a high level of delta cases, then you get an omicron surge on top of that we are also hearing that flu is ticking higher as well you are looking at what one person called a triple whammy of the three respiratory diseases circulating it at the same time which doesn't spell good news for the winter >> thank you, meg tirrell. >>> coming up, tech stocks have gone nowhere up next, how the powell pivot may be to blame. "the exchange" is back right after this if you're 55 and up, t-mobile has plans built just for you whether you need a single line or lines for family members, you'll get great value on america's most reliable 5g network. like 2 lines of unlimited for just $27.50 a line. that's our everyda
i saw a chart for the state of connecticut this morning i'm not sure it can be ex extrapolated for the united states as a whole, but cases look to be the same as last december this is implying delta is still raging and causing the case levels to tick higher. >> absolutely. there's really concerning reports yesterday from a cdc briefing of public health officials where in one scenario you have a high level of delta cases, then you get an omicron surge on top of that we are also hearing...
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0.0
Apr 26, 2019
04/19
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what i love about the story is the founder story so it's stewart butterfield who didn't grow up in connecticut but in a log cabin with no running water in british colombia in a small fishing village and started a few companies that some are successful and one of which is not. now is going to be a billionaire after this. >> good for him! >> he was a philosophy major go philosophy majors >> right. >> the thing about this story i find unbelievably fascinating is the idea you have a messaging app. these are communications platforms. we know the risks are there for everything else. but when you find you a company like this or develop it, do you think it's going to become the next big thing or are you waiting for it to get taken out like what's app did. like, you know, at one point we were using aol instant messenger. >> right some megacap technology company comes along x months or years from now and said let's use this. >> sales force. >> yeah. there's so many. >> yeah. so many companies would love this in. >> yeah. it's rumored that it stands for searchable log of all communication and knowledge.
what i love about the story is the founder story so it's stewart butterfield who didn't grow up in connecticut but in a log cabin with no running water in british colombia in a small fishing village and started a few companies that some are successful and one of which is not. now is going to be a billionaire after this. >> good for him! >> he was a philosophy major go philosophy majors >> right. >> the thing about this story i find unbelievably fascinating is the idea...
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Aug 11, 2021
08/21
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big technology thank you so much, senators marsha blackburn of tennessee and richard blumenthal of connecticut. we reached out to apple and google parent company alphabet for comment. we have not heard back but if we do, we will bring you those details. >> a lot happen ing on the senat front this week. >>> we'll speak to a ceo of a company that helps apps monetize their comments and their gains we're talking to the ceo of iron source, who joins us next to respond to this piece of particular legislation and more. keep it right here ♪ - [announcer] introducing the grubhub guarantee, our promise to deliver your order on time within the delivery window and for the lowest price compared to other apps or you'll get back at least $5 in perks. >>> shares of iron source are higher on record revenues, its first report since competing a spac merger in june. its part of the plumbing gaming industry with 89 top games, including a popular one you're seeing there candy crush saga could more regulation of the app market lead to a more open environment and help give iron source a possible business boost? i g
big technology thank you so much, senators marsha blackburn of tennessee and richard blumenthal of connecticut. we reached out to apple and google parent company alphabet for comment. we have not heard back but if we do, we will bring you those details. >> a lot happen ing on the senat front this week. >>> we'll speak to a ceo of a company that helps apps monetize their comments and their gains we're talking to the ceo of iron source, who joins us next to respond to this piece of...
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Apr 23, 2013
04/13
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. >> i don't trust any of you connecticut millionaires like you and greenburg, can't even afford to take me for dinner. >> i'm good for it. >> next time you do a phone one with us, we'll use this graphic, by the way, from 1966. very handsome i want i remember that gentleman, i think i met him once upon a time. >> thank you so much for joining us. >>> jon corzine's sued. will criminal charges ever come down the pike? >>> another mystery mansion competing against a former brothel, as part of our -- the brothel, by the way, is 3 for 3. >>> but first in honor of youtube's eighth birthday, we'll bring you this viral video gem, an ipad saning that softball fan by getting whacked, boom, by the ball, guess what? the ipad still worked. positive for earnings? >> positive, may be, who knows. at this stage, anything might help. >>> we're back after this. bny mellon combines investment management & investment servicing, giving us unique insights which help us attract the industry's brightest minds who create powerful strategies for a country's investments which are used to build new schools to build
. >> i don't trust any of you connecticut millionaires like you and greenburg, can't even afford to take me for dinner. >> i'm good for it. >> next time you do a phone one with us, we'll use this graphic, by the way, from 1966. very handsome i want i remember that gentleman, i think i met him once upon a time. >> thank you so much for joining us. >>> jon corzine's sued. will criminal charges ever come down the pike? >>> another mystery mansion competing...
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Mar 26, 2018
03/18
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controller general, now republican candidate in connecticut. thank you for joining us let's start on that spending point that kelly alluded to. the omnibus spending bill on friday and recent tax cuts from a republican government doesn't traditionally what you would expect in terms of fiscal constraint >> well, i hate to say it, but fiscal policy is spinning out of control again in washington, d.c. last week's omnibus bill were significant increases in defense expenses, the caps were blown, you know, basically it was a situation where of one side said, you give me my defense spending and i'll give you my discretionary spending we've seen the debt ceiling go up $1 trillion in the last year. we're facing $1 trillion annual deficit starting in '19. we can see on the horizon that the federal budget may end up spending $1 trillion on interest alone in the not too distant future what do you get for interest nothing. >> you know, david, it's interesting because we had, of course, the big tea party movement under the obama years after that stimulus prog
controller general, now republican candidate in connecticut. thank you for joining us let's start on that spending point that kelly alluded to. the omnibus spending bill on friday and recent tax cuts from a republican government doesn't traditionally what you would expect in terms of fiscal constraint >> well, i hate to say it, but fiscal policy is spinning out of control again in washington, d.c. last week's omnibus bill were significant increases in defense expenses, the caps were...
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70
May 17, 2017
05/17
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with all of this swirling around today, the president has gone to connecticut where he's giving a speech to the coast guard academy graduates. he took a moment during the speech today to air some grievances and a sense of frustration with how he's been treated. here's what the president had to say a little while ago. >> look at the way i've been treated lately. he especially by the media. no politician in history, and i say this with great surety, has been treated worse or more unfairly. you can't let them get you down. you can't let the critics and the naysayers get in the way of your dreams. >> reporter: the president said to the graduates who have to fight, fight, fight, put your head down and keep on going when you're under pressure that remark got a cheer from the crowd of graduates there in connecticut. meanwhile, we've also got vladimir putin stirring the pot here in washington, d.c., in regard to the president's meeting last week in the oval office with senior russian officials here in washington. during the course of that meeting the president is said to have passed on sensitive
with all of this swirling around today, the president has gone to connecticut where he's giving a speech to the coast guard academy graduates. he took a moment during the speech today to air some grievances and a sense of frustration with how he's been treated. here's what the president had to say a little while ago. >> look at the way i've been treated lately. he especially by the media. no politician in history, and i say this with great surety, has been treated worse or more unfairly....
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Mar 16, 2012
03/12
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. >> from boom to bust, connecticut's foxford casino is in dire straits. it has more than $2.3 billion in debt. this week's cover story in "new york times," good to have you with us today. i'm just wondering, not just foxwood's but in general is there an oversupply of casinos in this country? is that the problem? >> i think it's getting to that point as more states find it hard to raise public revenue. more states are getting into the game. and there's a finite supply of gamblers. so they're competing for the same set of people. so the megaproperties like foxwood's may be a thing of the past. >> indeed. this follows on from a conversation we had yesterday with chad from morningstar said caesar's is at risk of chapter 11. what's the end game here? is foxwood's going to go under? >> no. foxwood's isn't going to go under. i think that under its new leader they're learning to be a different kind of business and probably ultimately a smaller business that operates more smartly. for the long time they were the only game in town. they were the big casino between
. >> from boom to bust, connecticut's foxford casino is in dire straits. it has more than $2.3 billion in debt. this week's cover story in "new york times," good to have you with us today. i'm just wondering, not just foxwood's but in general is there an oversupply of casinos in this country? is that the problem? >> i think it's getting to that point as more states find it hard to raise public revenue. more states are getting into the game. and there's a finite supply of...
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Mar 12, 2010
03/10
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the markets we want to head to our cnbc investor network web cam connector straight from greenwich, connecticut. tim smalls. head of u.s. trading execution-noble llc. hi, tim. point out earlier we were saying that s&p 500 had been up for ten straight days, that's incorrect. it's actually the s&p 500 futures which had been up. >> that's right. >> tim, what's your take on the s&p right now? i mean, we haven't seen that kind of momentum, at least on the futures side. really you'd have to go back quite some time i would imagine to get more than ten days. >> yeah. i think if you go -- you have to go back to 1987 before you can see the futures up 11 days in a row. and look, there's no mistaking the fact, we've had a tremendous run in the market. we've -- we've built in the economic data, we've built in the kpfds h confidence data and everything looks a little better than it did a few months ago but definitely getting to the top end of the range short term. and i think that today's activity really shows that. by don't have any decided selling in the market but we gist have some drifting right now and
the markets we want to head to our cnbc investor network web cam connector straight from greenwich, connecticut. tim smalls. head of u.s. trading execution-noble llc. hi, tim. point out earlier we were saying that s&p 500 had been up for ten straight days, that's incorrect. it's actually the s&p 500 futures which had been up. >> that's right. >> tim, what's your take on the s&p right now? i mean, we haven't seen that kind of momentum, at least on the futures side. really...
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66
Oct 31, 2012
10/12
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also reaching into connecticut as well. some trying to get transportation back up and running, some small victories along the way. subway service in new york city, attempted at a limited restoration tomorrow. there are oifs, apartments buildings and elsewhere around the city. so interesting news. >>> a market check now from michelle caruso-cabrera is on that story. we talk to the crennell o here on halftime a few days ago. you have to believe they're doing some business. >> the stock is smoking hot this morning in addition to the expectation that, of course they'll sell a lot more generators. they reported earnings this morning which reported sales higher 20%, even before the storm. they are definitely benefiting from the secular shift of people who think maybe i have to have backup power. the ceo will be on again later on today here at cnbc, what time do we put up the full screen? there it is, 5:00 p.m. >> yes, exactly. over to you, stock. >> aaron jagdfeld tomorrow night, the ceo of g emnerac. dr. j, how about generac? >>
also reaching into connecticut as well. some trying to get transportation back up and running, some small victories along the way. subway service in new york city, attempted at a limited restoration tomorrow. there are oifs, apartments buildings and elsewhere around the city. so interesting news. >>> a market check now from michelle caruso-cabrera is on that story. we talk to the crennell o here on halftime a few days ago. you have to believe they're doing some business. >> the...
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0.0
Oct 7, 2022
10/22
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being a cuban refugee in the 1960s and growing up in connecticut, one of the things my parents instilled in me at a young age was a standard of excellence, whatever you do, be the best at it work hard and great things will come and if i could only give someone two pieces of advice, that would be it. reach for the stars. we can allethe g tre >>> amd shares leading the s&p lower after the company warned of a drop in pc sales, also the u.s. formalizes a sweeping set of export controls aimed at preventing companies like am did and nvidia from sending chips to china for national security reasons. the smhetf down 5% on pace for its worst day in a month with all 25, all 25 components lower and you see it down there nearly 6% let's bring in vivek aria, senior semiconductor analyst at b of a securities. let's take the individual company thing first, and we'll get to the question of export embargoes second what are the individual company factors that are causing these firms, blue chip companies line nvidia, like amd, to stumble so? >> thank you, tyler. i think the semiconductor industry has this h
being a cuban refugee in the 1960s and growing up in connecticut, one of the things my parents instilled in me at a young age was a standard of excellence, whatever you do, be the best at it work hard and great things will come and if i could only give someone two pieces of advice, that would be it. reach for the stars. we can allethe g tre >>> amd shares leading the s&p lower after the company warned of a drop in pc sales, also the u.s. formalizes a sweeping set of export controls...
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Jun 27, 2018
06/18
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. >>> pinnacle and connecticut ago re merger has thbo stocks up. >>> and why they can't beer in russia. until exxonmobil scientists put it to the test. they thought someday it cou become fuel and power our cars wouldn't that be cool? and that's why exxonmobil scientists think it's not small at all. energy lives here. with a $500,000 life insurance policy. how much do you think it cost him? $100 a month? $75? $50? actually,duncan got his $500,000 for under $28 a month. less than a dollar a day. his secret? selectquote. in just minutes, a selectquote agent will comparison shop nearly a dozen highly-rated life insurance companies, and give you a choice of your five best rates. duncans wife cassie got a $750,000 policy for under $22 a month. give your family the security it needs at a price you can afford. acquire pinnacle foods the on conagra is down is this was a buy the rumor sell the news the deal had been widely telegraphed, including by our own team at cnbc.com which broke the news yesterday there was a question how much it would add to the profit forecast they didn't love the forec
. >>> pinnacle and connecticut ago re merger has thbo stocks up. >>> and why they can't beer in russia. until exxonmobil scientists put it to the test. they thought someday it cou become fuel and power our cars wouldn't that be cool? and that's why exxonmobil scientists think it's not small at all. energy lives here. with a $500,000 life insurance policy. how much do you think it cost him? $100 a month? $75? $50? actually,duncan got his $500,000 for under $28 a month. less...
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Nov 3, 2020
11/20
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teextent people separate issues everyone wants their family and themselves to be healthy and they also connecticut covid to the economy. they had a pretty good rebound and fell back as the second and third waves came i don't see these as totally separated and they are obviously both high on voters' minds in this election and will determine the outcome. >> current state of the job market very close been excellent/good and poor/not so good >> it almost sound like we're a divided nation, which is how it tends to wind up in these elections. i think again here we lost 22 million jobs in the wake of the covid epidemic and the shutdowns. we got about half of them back, 11 million or so but the rate of job creation has slowed, the economy has slowed up a little bit in the last couple of months as stimulus wore out and fell out of the system i think people are concerned about that but again, it is pretty evenly split in these battleground states, which is why trump still has a chance to win this thing despite in national scales he tails by 10% >> the electoral college was designed to and currently does pro
teextent people separate issues everyone wants their family and themselves to be healthy and they also connecticut covid to the economy. they had a pretty good rebound and fell back as the second and third waves came i don't see these as totally separated and they are obviously both high on voters' minds in this election and will determine the outcome. >> current state of the job market very close been excellent/good and poor/not so good >> it almost sound like we're a divided...
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Nov 7, 2023
11/23
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so, all the states in the tri-state area, connecticut, new jersey, new york, pennsylvania, ohio, illinois, they all have older demographics. they have much lower job creation. so, unless they lower their home prices, they're not going to see activity. i think what you've seen is four years where people haven't really sold. the peak in existing home sales was back in 2005. so, people are -- have avoided selling their homes. that doesn't mean they can't. they just have to lower their prices. with higher rates, home values are worth less. i think over the next year, and this is going to be a multiyear phenomenon, you'll see a leg down in housing. that doesn't mean anything horrible for the consumer because, like i said, equity cushions are so big in the folks that own homes. as long as -- home values could go down. i'm not saying they will. home values could go down to pre-covid levels. that's a 40% move nationally. obviously, it varies state to state. everyone will be fine. as long as the avocado toast generation keeps their jobs, they'll be fine. i think the avocado toast generation could
so, all the states in the tri-state area, connecticut, new jersey, new york, pennsylvania, ohio, illinois, they all have older demographics. they have much lower job creation. so, unless they lower their home prices, they're not going to see activity. i think what you've seen is four years where people haven't really sold. the peak in existing home sales was back in 2005. so, people are -- have avoided selling their homes. that doesn't mean they can't. they just have to lower their prices. with...
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Jul 21, 2020
07/20
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visits just tested for sars-covid-19 antibodies they found in new york city, 23% had antibodies, versus connecticut had 5.2% and south florida, 2.9%. a lot more people infected than we knew about, but still nowhere close to herd immunity yet, kelly. >> that's fascinating. it makes you wonder if new york city will be the safest place for covid right now if that level of the population already has those antibodies it's also interesting to me, meg, and i'm curious because you follow it so much more closely, it seems like no state or region that had a bad outbreak has had another one. in other words, covid was in the nort northeast, then it went to the west, then it went to the south. i keep waiting for new jersey's numbers to climb again and it's not happening. what does that tell us, do you think? >> it's hard to know perhaps it's experience, and the harder hit areas just saw how scary this was and we've acted accordingly in terms of being careful. there could be other epidemiological aspects at play. but you're right, we are seeing regions of the country experience this at different times. so far no
visits just tested for sars-covid-19 antibodies they found in new york city, 23% had antibodies, versus connecticut had 5.2% and south florida, 2.9%. a lot more people infected than we knew about, but still nowhere close to herd immunity yet, kelly. >> that's fascinating. it makes you wonder if new york city will be the safest place for covid right now if that level of the population already has those antibodies it's also interesting to me, meg, and i'm curious because you follow it so...
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Apr 20, 2012
04/12
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. >> i was so disappointed in connecticut. i looked for the wine section and they don't have any. they can't sell it. >> i'm a huge fan. this will be my single favorite thing we've ever done at night because i do love costco. and i can tell you once i bought -- i don't mean to break your break, but you've bought tires and sears and i mentioned it, to the former ceo. they had their head of merchandise call me to verify what price i paid and to tell me that will never happen again. >> he will with, they are the biggest sellers of cashews in the country. >> what struck us -- and i don't mean this in a naive sense. no pr. they didn't know where we were, what we are up to. >> you can follow that woman around the store and -- >> if you get into the front end and how they time the front end to make sure everything is moving like clockwork there and that is such an important part of the store. >> isn't it the greatest that you don't have to eat, you go there and can have dinner. you get the samples? never eat before you go to costco. >> thanks for coming on. it's nice to see you with the
. >> i was so disappointed in connecticut. i looked for the wine section and they don't have any. they can't sell it. >> i'm a huge fan. this will be my single favorite thing we've ever done at night because i do love costco. and i can tell you once i bought -- i don't mean to break your break, but you've bought tires and sears and i mentioned it, to the former ceo. they had their head of merchandise call me to verify what price i paid and to tell me that will never happen again....
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Mar 27, 2020
03/20
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real stress if things get bad from a fiscal standpoint take a look at these five states pennsylvania, connecticut, kentucky, new jersey and illinois no secret there. they have been going through fiscal issues for years at this point. those states could come under more stress if businesses really start to take a hit in this coronavirus shutdown one of the things that we're looking at how can investors prepare for what could happen in munis credit ratings agencies are looking at a number of different things whether they upgrade or downgrade credit they are looking at size of cash and tax reserves that states have, the viability and variability of those revenues from a tax basis or anything else, and then pension and other liabilities as well. those are all big factors. kelly, a key point to be made here is you remember that map i showed you you'll notice that texas and florida, both aaa-rated states for right now, but with texas heavily reliant on the oil and gas industry and for florida, more heavily reliant on things like travel and tourism so as hotel and flight and cruise revenues start to dry
real stress if things get bad from a fiscal standpoint take a look at these five states pennsylvania, connecticut, kentucky, new jersey and illinois no secret there. they have been going through fiscal issues for years at this point. those states could come under more stress if businesses really start to take a hit in this coronavirus shutdown one of the things that we're looking at how can investors prepare for what could happen in munis credit ratings agencies are looking at a number of...
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Apr 15, 2010
04/10
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have the exact same conditions in japan that you had at the test track at consumer reports facility in connecticut and some people might say a street is a street is a street and you put the suv out there and that's not exactly true. they will come as close as they can to find testing facilities to replicate what they have at consumer reports. if they come somewhere close they'll do the testing and mimic as closely as possible what consumer reports did. >> phil lebeau, thank you very much. >>> when we come back, senator chuck schumer joins us to discuss boosting the sec's budget and his bill for airline carry-on fees. >>> spirit airlines leading it and the ceo will join us with his reaction to the bill. >>> tea party rallies taking place in our nation's capital. protesting big government spending on this tax day, this day that they're soaking us to pay for that spending. john harwood will have a live report in the next half hour. larry? >> couldn't have said it better myself. major airline disruptions in europe. a volcano eruption in iceland is causing airports to be shut down in the uk and norther
have the exact same conditions in japan that you had at the test track at consumer reports facility in connecticut and some people might say a street is a street is a street and you put the suv out there and that's not exactly true. they will come as close as they can to find testing facilities to replicate what they have at consumer reports. if they come somewhere close they'll do the testing and mimic as closely as possible what consumer reports did. >> phil lebeau, thank you very much....
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Dec 19, 2017
12/17
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they tent to live in states that are blue, new york, new jersey, connecticut. we don't know the real impact of -- everyone we talk to is nervous about the value of their home, about their ultimate tax burden our buyers going to pull out and see what happens to their tax obligations next year? >> i don't think so, i think there's plenty of reasons to be optimistic for 2018 and this has been one of the most hated bull market rallies in our country's history. if you look at certain sectors of the market one area that is a net beneficiary of tax repatriati repatriation why? because big companies have excess cash to spend. >> don't they have excess cash right now that they haven't spent in 2017. >> they'll have more. >> so they need billions more than the billions they have on their balance sheet. >> and there's more drugs coming out in the patent and they don't have a pipeline to replace the revenue. the other area i see is small caps. >> you like infrastructure are you thinking in january with this tax bill under their belt that congress will have momentum for inf
they tent to live in states that are blue, new york, new jersey, connecticut. we don't know the real impact of -- everyone we talk to is nervous about the value of their home, about their ultimate tax burden our buyers going to pull out and see what happens to their tax obligations next year? >> i don't think so, i think there's plenty of reasons to be optimistic for 2018 and this has been one of the most hated bull market rallies in our country's history. if you look at certain sectors...
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May 20, 2020
05/20
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the owner turned down the renter in hopes of a sale and late hensley's estate in connecticut, that had a big price drop from $50 million to $16 million broker says he's had seven showings just in the past two months we will see if that sells, kelly. back do you. >> property, privacy and a pool? >> yep. >> learning something. makes sense. there's been a certainly boom in people building pools. a couple ones highlighted are super mega high-end estates and starting the move. what about the rest of them? do you think this can be a lasting trend? it was ten years like you said some properties sitting on the market and might be seeing demand now and do you think it's a lasting shift? >> yeah. you're right not just the mega mansions the common denominator is space. people want a yard where the kids can play. they can go out and play and space interior, maybe an office, maybe more space for the rest of the family we have been through phase one of this which is just people leaving the city to rent now the big question, your question which we don't know the answer to yet is phase two which is ho
the owner turned down the renter in hopes of a sale and late hensley's estate in connecticut, that had a big price drop from $50 million to $16 million broker says he's had seven showings just in the past two months we will see if that sells, kelly. back do you. >> property, privacy and a pool? >> yep. >> learning something. makes sense. there's been a certainly boom in people building pools. a couple ones highlighted are super mega high-end estates and starting the move. what...
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Dec 21, 2017
12/17
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it's going to be done in this country, west palm, connecticut. >> that's good >> isn't that good >> absolutely. >> try to find the fault in that he's making too many engines and he'll have to cut the price. >> they got past the engine problem, right >> the engine problem is fixed as of q2, it's fixed >> when we come back this morning, facebook under fire, again. this time for allowing for discrimination in job postings along with other companies got some details on that, coming up take another look at the pre-market six sessions left in the year. dow's currently best since '13, but if it can imagine just a few more tenths of a point, looking at the best year for the dow since 2003 back in a minute [ keyboard clacking ] [ click ] [ keyboard clacking ] [ clacking continues ] good questions lead to good answers. our advisors can help you find both. talk to one today and see why we're bullish on the future. yours. >>> facebook once again under fire, this time for job ads placed by dozens of companies aimed at certain age groups. a class action complaint alleging age discrimination has been filed i
it's going to be done in this country, west palm, connecticut. >> that's good >> isn't that good >> absolutely. >> try to find the fault in that he's making too many engines and he'll have to cut the price. >> they got past the engine problem, right >> the engine problem is fixed as of q2, it's fixed >> when we come back this morning, facebook under fire, again. this time for allowing for discrimination in job postings along with other companies got...
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Aug 16, 2021
08/21
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this was, eti think, last year you also have one in connecticut. in each of these cases, what the investigators are going to be focused on is did the drivers follow the system, or was the system not functioning properly, or were the drivers falsely believing the system was working? a lot of questions that need to be answered. nhtsa out with a statement today. nhtsa reminds the public that no commercially available motor vehicles today are capable of driving themselves every available vehicle requires a human driver to be in control at all times, and all state laws hold human drivers responsible for operation of their vehicles. for elon musk, he has been defending autopilot for some time critics have said, look, this is a system that tells people they can fall asleep, take hands off the wheel, do everything but pay attention. tesla is explicit in its language to drivers, saying, you must be in control of the vehicle. you must pay attention that said, a lot of people sit there and say, look, the system sort of suggestions that you don't have to pay a
this was, eti think, last year you also have one in connecticut. in each of these cases, what the investigators are going to be focused on is did the drivers follow the system, or was the system not functioning properly, or were the drivers falsely believing the system was working? a lot of questions that need to be answered. nhtsa out with a statement today. nhtsa reminds the public that no commercially available motor vehicles today are capable of driving themselves every available vehicle...
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Oct 30, 2012
10/12
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one of the things you'll notice if you happen to be in connecticut today, namely this town, yesterday was the sound of the wind roaring right around these houses and through these trees. today sound of the wind has been replaced by the sound of chainsaws and even some chippers that are out and about, breaking down the trees, making some firewood and helping this place get back to norm a. it's going to be a long haul. there was flooding on many of the streets in the area, too. places that didn't experience flooding during irene. certainly did this time. historic event, and it will take some time to recover. >> back to you, scott. >> reynolds wolf for us from the weather channel. hurricane sandy loss estimates are as high as $10 billion, but what does this mean for the insurance stocks. let's welcome josh sterling an insurance analyst at bernstein. thanks for coming on today. >> thank you, scott. >> had an analyst on yesterday looking ahead to the storm who suggested that chub was the best physician. how would you assess who has got the best place right now in the insurance business, gi
one of the things you'll notice if you happen to be in connecticut today, namely this town, yesterday was the sound of the wind roaring right around these houses and through these trees. today sound of the wind has been replaced by the sound of chainsaws and even some chippers that are out and about, breaking down the trees, making some firewood and helping this place get back to norm a. it's going to be a long haul. there was flooding on many of the streets in the area, too. places that didn't...
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May 3, 2012
05/12
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attorneys in connecticut, florida and new jersey are announcing arrests. this investigation started with the theft of $80 million from an eli lily pharmaceutical warehouse in connecticut. that happened in 2010. the investigation expanded and now it appears that this extends to multiple states. we're getting details of the indictments being unsealed now in simultaneous news conferences in these three states. in addition to warehouse thefts, there apparently were also truckloads of pharmaceuticals that were stolen. and we will get more on this and the companies involved as we get them. >> we look forward to more details. thank you very much for the breaking news, scott cohn. in the meantime down to bob and rick, first to the floor of the nyse, bob. oil prices might be struggling a bit today. but this isn't just a one-day wonder. i noticed that the s&p energy sector is down about 7% since the end of february. what's going on here? what does it tell us overall? >> what's going on is the concerns of the direction of oil and concerns about the direction of the m
attorneys in connecticut, florida and new jersey are announcing arrests. this investigation started with the theft of $80 million from an eli lily pharmaceutical warehouse in connecticut. that happened in 2010. the investigation expanded and now it appears that this extends to multiple states. we're getting details of the indictments being unsealed now in simultaneous news conferences in these three states. in addition to warehouse thefts, there apparently were also truckloads of...
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Aug 20, 2019
08/19
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. >> new york, connecticut, and vermont are joining the fight to challenge president trump's new public charge rule the three states argue the president's rule intentionally discriminates against latino immigrants and immigrants of color. >> for generations, the united states has been a haven for immigrants seeking opportunity and upward mobility, and the trump administration's unlawful reinterpretation of the public charge rule turns this history on its head. excluding hundreds of thousands of immigrants. >> and heavy smokers can reduce the risk of heart disease within years of dropping the habit. vanderbilt researchers studied 60 years of data from 9,000 people, and they found that within five years of quitting smoking, the risk for heart disease dropped by 39% another reason to quit that's the news update at this hour ty, i'll send it back to you >> thank you very much let's look at the markets right now, and as you see, the dow looking to break a little bit of a win streak there, now down 79 points or a third of a percent the nasdaq is off about four tenths of one percent at 7970, s
. >> new york, connecticut, and vermont are joining the fight to challenge president trump's new public charge rule the three states argue the president's rule intentionally discriminates against latino immigrants and immigrants of color. >> for generations, the united states has been a haven for immigrants seeking opportunity and upward mobility, and the trump administration's unlawful reinterpretation of the public charge rule turns this history on its head. excluding hundreds of...
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Jan 19, 2021
01/21
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business owners like patrick way, who's a owner of four franchise restaurants in massachusetts and connecticut, are weighing what such a hike means for operations and how he'll handle the costs >> i'm not sure that it's fair to burden everything on the small business owner and then have to have us make the decision with how much we'll have to pass on to our customers. >> business owners around likely weighing similar divisions but one thing for sure the minimum wage hike is popular. pew research shows two-thirds of americans say they do support a $15 an hour federal minimum wage morgan, back over to you. >> such a key point, kate. i mean, you're talking about restaurants, small business owners, retailers, some hazahazard e hardest hit with the pandemic doesn't seen stimulative thank you. >>> shares of gm cruising higher today. a couple of billion for microsoft, driverless cars stock hitting a record high. we'll be right back with much more on this buying deal competition beat us, again. how? they have a better finance system than we do. i feel like they might have a better finance system than
business owners like patrick way, who's a owner of four franchise restaurants in massachusetts and connecticut, are weighing what such a hike means for operations and how he'll handle the costs >> i'm not sure that it's fair to burden everything on the small business owner and then have to have us make the decision with how much we'll have to pass on to our customers. >> business owners around likely weighing similar divisions but one thing for sure the minimum wage hike is popular....
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0.0
Feb 17, 2021
02/21
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s&p 500 estimates new york state will take more than a billion dollars in tax revenue and more from connecticut for workers who still remain out of state. this is just going to be an issue long after covid. >> what happens with this tax issue after we get out of this covid situation and people either continue to work from home or are back in the office i mean, i imagine states will be playing tug of war over this revenue. >> absolutely. that's a great way to put it the tax code is not built for this future where a lot of people permanently work from home new york, the way it is now, if you report to google in new york city, but you're going to work from home in north carolina, new york state will tax you for every single day you are paid. that just doesn't make sense everyone is looking to the supreme court to answer this question and there could be huge tax dollars at risk for all the states, depending on had you it goes. >> i can imagine commercialis asking people to come back into the office chgethat ask it for "the exan." the fed minutes are out in just a few moments. president markets will
s&p 500 estimates new york state will take more than a billion dollars in tax revenue and more from connecticut for workers who still remain out of state. this is just going to be an issue long after covid. >> what happens with this tax issue after we get out of this covid situation and people either continue to work from home or are back in the office i mean, i imagine states will be playing tug of war over this revenue. >> absolutely. that's a great way to put it the tax code...
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248
Feb 2, 2012
02/12
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new york and new jersey and connecticut, all the giants and jets fans out there love football. you want to watch a good football game, i think a great game will be offered on sunday. the transient -- you have to root for the giants. new york fans are passionate and giants football is about passion and we will play with tremendous passion on sunday. >> there is a perception that they control more of the giants than this. they started with 1925 and believe the family in 1991. is that perception or is that reality? >> the reality is going back to 1925. it's a family clearly one of the founding families of the national football league. for this league, it is obvious currently in how strong of a league it is. all of the television deals and wellington is clearly one of the great nfl owners of all time. wellington's son, my father was partners and the generation is now my generation and john's generation. john and i work extremely well together. it's a functional relationship. it's a true business partnership and the reality is we are 50-50 partners in business and in the passion of
new york and new jersey and connecticut, all the giants and jets fans out there love football. you want to watch a good football game, i think a great game will be offered on sunday. the transient -- you have to root for the giants. new york fans are passionate and giants football is about passion and we will play with tremendous passion on sunday. >> there is a perception that they control more of the giants than this. they started with 1925 and believe the family in 1991. is that...
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0.0
Dec 1, 2023
12/23
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and four stes had an fwith no requirements, california, connecticut, massachusetts and washington, d.c., got an f. my home state of virginia got an "a". >> cnbc will teach you. >> great to have you with us as always. >> thank you for watching "power lunch," everybody. >> "closing bell" starts right now. >>> guys thanks so much. i'm scott wapner, live here at the new york stock exchange on this friday, make or break hour begins, with what else, the rally and whether a new month will bring more of the same for your money. we'll ask our experts, over this final stretch. here's your score card with 60 minutes to go in regulation, december really beginning, as november went out of the stocks in the green, nearly every s&p sector is in positive territory, and industrials and materials, both up nicely, but there you can see, it is pretty broad-based, mega caps always check on them. they're a bit mixed today, and apple, amazon and nvidia, up, meta,
and four stes had an fwith no requirements, california, connecticut, massachusetts and washington, d.c., got an f. my home state of virginia got an "a". >> cnbc will teach you. >> great to have you with us as always. >> thank you for watching "power lunch," everybody. >> "closing bell" starts right now. >>> guys thanks so much. i'm scott wapner, live here at the new york stock exchange on this friday, make or break hour begins, with...
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0.0
Dec 28, 2023
12/23
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just on news today, the stock is up, but two senators from connecticut and massachusetts have written to elon musk, to tesla, calling on him to swiftly recall steering and suspension parts after an alarming report, they say, by reuters. this is the reuters investigation a few weeks ago that reported that the company allegedly blamed drivers' abuse for some of the failures of the components, despite knowing, in advance, that certain parts were flawed. so, this is blumenthal and markey, and they are expressing extreme concern, they say, about tesla vehicles. we'll see -- tesla's brushed off those sorts of headwinds before. >> it's very difficult to tell what's the real safety record of these cars, because they're still not a lot of them that are out there. >> they get great ratings, great safety ratings. >> their satisfaction ratings have not been as high. remember when it first came out, the original tesla came out years ago, consumer reports gave it a tremendous rating, and the numbers, the ratings numbers have come down since then, but look, the important thing is the retort about el
just on news today, the stock is up, but two senators from connecticut and massachusetts have written to elon musk, to tesla, calling on him to swiftly recall steering and suspension parts after an alarming report, they say, by reuters. this is the reuters investigation a few weeks ago that reported that the company allegedly blamed drivers' abuse for some of the failures of the components, despite knowing, in advance, that certain parts were flawed. so, this is blumenthal and markey, and they...
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Oct 31, 2012
10/12
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and chase is opening nearly 600 branches in new york, new jersey and connecticut. about 55% -- new york is also a major transportation hub. airline industry has been grounded ever since sandy blew in. let's get to cnbc's courtney reagan at laguardia, the region's hardest hit airport. before we get to when things will get back to normal, court, you have been training very, very hard for the new york marathon which is this weekend. i know you even went through an injury to get to this marathon. if it is postponed or canceled by mayor bloomberg, we're waiting to hear what happens with that, how would you feel? >> reporter: quite honestly, i'd be really, really disappointed. devon stated maybe. i've spent a lot of training time. i've worked really hard to ray money for pancreatic cancer research in memory of my aunt. it would be a really tough thing. i guess i sort of feel like what's the harm in running a race. if people can get here, wonderful. those that can't can be granted to run next year. that's what the marathon is saying right now. they're moving the cancellat
and chase is opening nearly 600 branches in new york, new jersey and connecticut. about 55% -- new york is also a major transportation hub. airline industry has been grounded ever since sandy blew in. let's get to cnbc's courtney reagan at laguardia, the region's hardest hit airport. before we get to when things will get back to normal, court, you have been training very, very hard for the new york marathon which is this weekend. i know you even went through an injury to get to this marathon....
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13
Dec 16, 2021
12/21
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eye 13
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new york city we still have ample supply, but other places like connecticut and balm peach there's a lack of supply rates are going to go up the fed announced that that's going to happen, and that's going to have an impact covid is still something that impacts us, and those are the unknowns we know this, people believe in the home buying process. they want to have a home it's important to them and we've seen that in 2021 and i think you're going to continue to see that in '22 i think it is going to be a little bit like the roaring '20s the bonuses were the biggest they've been since before lehman borders are open it's incredible what's going to be for 2022 in my opinion. >> yeah. we're getting reports of bonuses awfully large increases year on year we'll see what happens bess, we'll check in with you soon good to see you again. >> thanks, carl. you too, take care, be well. thank you. >> still to come still to come on she show, we'll talk to the ceo of sony pictures one of the biggest films of the year "spiderman no way home" hits theatershiween ts ekd. of course that starts in the ne
new york city we still have ample supply, but other places like connecticut and balm peach there's a lack of supply rates are going to go up the fed announced that that's going to happen, and that's going to have an impact covid is still something that impacts us, and those are the unknowns we know this, people believe in the home buying process. they want to have a home it's important to them and we've seen that in 2021 and i think you're going to continue to see that in '22 i think it is...
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98
Nov 6, 2012
11/12
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western connecticut, other areas under the gun here. wouldn't you know it the areas just getting back on their feet in terms of power outables now. that is a brand new cop sent to the storm coming up later tomorrow, tomorrow night. check out the major impacts from the storm then. yes, could be gusty winds, cape cod, long eye law and, yes excoastal flooding late in the afternoon tomorrow but that mix with heavy wet snow around 7:00 tomorrow evening that is the big wildcard. we will be watching that throughout. >> we do not need t thank you very much, todd gross. >>> no matter who whips today, the most immediate threat to your money is the fiscal cliff. that's right. severe spending cuts and big tax increases less than two months away. next, we run through the scenarios from a fix, kicking the can down the road yet again. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams
western connecticut, other areas under the gun here. wouldn't you know it the areas just getting back on their feet in terms of power outables now. that is a brand new cop sent to the storm coming up later tomorrow, tomorrow night. check out the major impacts from the storm then. yes, could be gusty winds, cape cod, long eye law and, yes excoastal flooding late in the afternoon tomorrow but that mix with heavy wet snow around 7:00 tomorrow evening that is the big wildcard. we will be watching...
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Oct 31, 2012
10/12
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we will be following especially jcp&l and the connecticut utility given the fact that their storm response after hurricane irene was the really harshly criticized by regulators and they really cannot afford to do it again. >> all right, thank you very much. appreciate you being with us. down to you, simon. >>> we will keep you all plugged in to exactly what's happened in atlantic city. president obama of course touring the damage. we'll have the latest from jersey next. >>> plus, mayor michael bloomberg is about to speak, we believe. he is going to make an announcement about new york subway service. >>> and what happens if all these communities are still flooded and without power on election day? could the votes be postponed? more "power lunch" in two. [ male announcer ] the markets keep moving. make sure the news keeps coming with thinkorswim by td ameritrade. use the news links breaking stories with possible breakout stocks, options with potential opportunity, futures and forex with in-depth analysis. it's an all-you-can-eat buffet for all things trading. thinkorswim by td ameritrade. it
we will be following especially jcp&l and the connecticut utility given the fact that their storm response after hurricane irene was the really harshly criticized by regulators and they really cannot afford to do it again. >> all right, thank you very much. appreciate you being with us. down to you, simon. >>> we will keep you all plugged in to exactly what's happened in atlantic city. president obama of course touring the damage. we'll have the latest from jersey next....
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Mar 5, 2012
03/12
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>> last year, connecticut won't whole thing. beginning with this tournament here in new york, winning five straight games and six straight to capture the championship. >> talk about the two big members of the conference, syracuse and pittsburgh getting set to leave for the acc. other schools, including uconn, looking to exit the big east. how does the conference stay relevant when you have these defecti defections? >> we have rebuilt the conference, have seven schools coming in at this point and in terms of your question about long-term stability or relevance, 30% of the company in terms of the imprint, drive value for the future and keep us together for the long term. >> what are you expecting from the big east this year? >> in terms of? >> in terms of how this plays out, ex-expecting in terms of audience, something a lot of the traders are focused on for the entire tournament. >> this is one of the three events that consistently goes on in new york city on an annual basis, so we have got a tremendous amount of exposure. it is
>> last year, connecticut won't whole thing. beginning with this tournament here in new york, winning five straight games and six straight to capture the championship. >> talk about the two big members of the conference, syracuse and pittsburgh getting set to leave for the acc. other schools, including uconn, looking to exit the big east. how does the conference stay relevant when you have these defecti defections? >> we have rebuilt the conference, have seven schools coming...
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Aug 28, 2019
08/19
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amazon since they have such high prices real estate market is salt driven in new york, new jersey, connecticut, california, but what is interesting is it is occurring in high-end areas of miami, in texas, areas that -- colorado, that are not subject to salt. then you have weird things like the collectible car market where the top has just collapsed and the bottom, the entry level, is doing the strongest. so what started in real estate, which is the top, the weakest, is spreading to the other areas. your why is the big question do they know something we don't or is this a signal that this is a group that internalizes the market anxiety first and then it could flow through to the rest. >> robert, luxury homes, presumably much less linked to where rates are as well. >> absolutely. in new york city half of all deals are cash at the very high end it is 80% or more. so, yeah, mortgage rates making it more attractive doesn't really help that market. >> robert frank, thank you very much. >> thank you, guys >>> up next, your wall street look ahead the key things every investor needs to watch as we head
amazon since they have such high prices real estate market is salt driven in new york, new jersey, connecticut, california, but what is interesting is it is occurring in high-end areas of miami, in texas, areas that -- colorado, that are not subject to salt. then you have weird things like the collectible car market where the top has just collapsed and the bottom, the entry level, is doing the strongest. so what started in real estate, which is the top, the weakest, is spreading to the other...
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Sep 27, 2012
09/12
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but now that we mention it -- >> by the way, you live in connecticut. they are based in connecticut. tonight. and they have the directions to their hq on their website. make a little stop. stop by. herb greefrnberg. i'm sure they'll welcome you in with open arms. >> going to have a little martini in greenwich. >> light a few candles. >> with some sandalwood scent in your -- what do you drive, a rolls or bentley? >> many candles now make man scents like cigars and i don't know, old spice. coming up next on "street signs," the fed making it rain on the rich. is the flood of cash only helping the upper crust? our big debate coming up next. >> and the cell phone indicator. most americans cutting back just about everywhere. the middle class, as we hear, is completely strapped. so why are most american families putting 1200 a year on their phones? bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our sup
but now that we mention it -- >> by the way, you live in connecticut. they are based in connecticut. tonight. and they have the directions to their hq on their website. make a little stop. stop by. herb greefrnberg. i'm sure they'll welcome you in with open arms. >> going to have a little martini in greenwich. >> light a few candles. >> with some sandalwood scent in your -- what do you drive, a rolls or bentley? >> many candles now make man scents like cigars and i...
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Jan 19, 2018
01/18
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. >> i was even wondering, in our neck of the woods, you know, new jersey, connecticut, those areas that might be hit hard by not taking that s.a.l.t. deduction, could that be a catalyst for people leaving their homes, increasing turnover and easing the supply a little bit? >> reporter: not necessarily because you're in a high priced area if people are already grandfathered into the mortgage interest deduction, which is going lower now, they would probably not want to move, just slik they wouldn't want to get out of the interest rate they currently have on their loan if you're talking about property taxes, i don't think anyone will move right now because of the taxes, but it will hit that affordability factor if you're looking at paying higher property taxes and not getting the deduction. combine that with rising mortgage rates, and it will get harder and harder to afford a home. >> yeah, there's a one-year delay. we don't get that bill until next year. this year it's status quo. next year when we get that tax bill - >> i'm using smpbl.a.l.t. as a blanket term for all taxes state and loc
. >> i was even wondering, in our neck of the woods, you know, new jersey, connecticut, those areas that might be hit hard by not taking that s.a.l.t. deduction, could that be a catalyst for people leaving their homes, increasing turnover and easing the supply a little bit? >> reporter: not necessarily because you're in a high priced area if people are already grandfathered into the mortgage interest deduction, which is going lower now, they would probably not want to move, just...
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May 17, 2017
05/17
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he's headed to the coast guard academy in connecticut where he'll be giving the commencement address. they say that the president -- it is possible could speak to reporters on the plane, but that is not expected as of right now. they say they're simply going to try to focus on the business at hand here in terms of the budget. tax cuts, the other agenda items that this president wants to accomplish. that's going to be difficult with all of this swirling around them. senator john thune said that this white house is simply on the wrong track. here's what he said. >> we want to make sure we get this train back on the track. the president is the person best positioned to do that and he needs to keep his focus on the things that the american people elected him to do. >> so this white house is dealing with two simultaneous scandals. one over whether or not the president pressured the fbi director to drop that flynn investigation as we were just discussing. the other one is whether or not the president inadvertently put out intelligence -- sensitive intelligence in his conversation with the r
he's headed to the coast guard academy in connecticut where he'll be giving the commencement address. they say that the president -- it is possible could speak to reporters on the plane, but that is not expected as of right now. they say they're simply going to try to focus on the business at hand here in terms of the budget. tax cuts, the other agenda items that this president wants to accomplish. that's going to be difficult with all of this swirling around them. senator john thune said that...
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Mar 19, 2013
03/13
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now they know, based on some tips, that some of the art was taken to connecticut and some was taken to philadelphia and offered for sale ten years ago. they don't know where it is now. so what is this all about? it's all about two things, tyler. number one, they think that whoever was involved in the organized crime theft of these works, that it includes 13 masterpieces, three rembrandts, vemeer. they think a second generation has grown up knowing that these things are at home. they can't do anything, other than ten years try to move them in the art market. the thinking is that now somebody is thinking i know that was at my uncle's house, i've got it in the basement and i want to get rid of it. it's hot. what are the advantages of coming to the fbi? number one, the fbi says there will probably be immunity. they could charge whoever still has them with receiving and on keeping stolen property and, secondly, there is a $500 million reward. the fbi hopes that will be an incentive. >> fascinating. he recognize that self-portrait. pete williams, thank you very much. >> you're a very culture
now they know, based on some tips, that some of the art was taken to connecticut and some was taken to philadelphia and offered for sale ten years ago. they don't know where it is now. so what is this all about? it's all about two things, tyler. number one, they think that whoever was involved in the organized crime theft of these works, that it includes 13 masterpieces, three rembrandts, vemeer. they think a second generation has grown up knowing that these things are at home. they can't do...
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Apr 17, 2020
04/20
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bank now this may not strike you as a big deal if you're from new york or california or new jersey or connecticut. but in a small you are towner towns across america, imagine the auto dealer is on the director of the local bank he could not apply for a ppp loan through that bank now they can do that the fed looked at the insider limits that are out there for bank directors and shareholders for their own businesses of course, not for something for the bank they're not allowed to get to the front of the line according to the memo that the federal reserve put out here that's one here, a very small change, but has a bigger effect in some of the small towns when they get more money for the ppp program. on the second thing, maybe more macro here, the federal reserve earlier this afternoon announcing that it's reducing the amount of purchases it is going to make next week. reducing the amount of mortgages to 12.5 billion and reducing the amount of treasuries from 15 billion from 30 billion. as you know, we talked to john williams, the new york fed president this morning he said the fed had been successf
bank now this may not strike you as a big deal if you're from new york or california or new jersey or connecticut. but in a small you are towner towns across america, imagine the auto dealer is on the director of the local bank he could not apply for a ppp loan through that bank now they can do that the fed looked at the insider limits that are out there for bank directors and shareholders for their own businesses of course, not for something for the bank they're not allowed to get to the front...
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Aug 10, 2021
08/21
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. >> so what are you going to do about that in our notes to our producer you see new jersey, connecticut an new york state as an $8 billion opportunity going forward. that's a lot of money. if you have to ship that around in trucks, physical pallets of cash driving up and down i-95 in new jersey, you're talking about a huge opportunity for the sopranos crime family or other bad guys to go after that money. it's not safe. >> that's why the law is called the safe banking act it does have support but at the moment senator schumer has made a decision that he wants to get a more comprehensive bill, which we also support obviously, and he wants to try to get interstate commerce, he wants to get cannabis removed from the list of prohibited drugs he wants to get a lot of different things done. well, we think that there should be a first step. the first step is to make it safe for those companies and the people that work curaleaf has 6,000 employees the industry has hired almost 350,000 employees in the last three years. a lot of our employees can't open bank accounts for basic banking services s
. >> so what are you going to do about that in our notes to our producer you see new jersey, connecticut an new york state as an $8 billion opportunity going forward. that's a lot of money. if you have to ship that around in trucks, physical pallets of cash driving up and down i-95 in new jersey, you're talking about a huge opportunity for the sopranos crime family or other bad guys to go after that money. it's not safe. >> that's why the law is called the safe banking act it does...
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Sep 19, 2013
09/13
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flipping over on a connecticut highway yesterday. spilling hundreds of gallons of expensive champagne all over the road. the driver of the truck thankfully was not injured. by the way, one case can cost upwards of 500 bucks. it is not known whether hedge fund managers jumped over their mansion walls and began licking the roads. i heard it may be true. >> speaking of champagne, vintage publy prices are apparently popping at auction. robert frank is here i'm sure with more. >> this is is my favorite asset bubble. auctioning off six bottles of champagne. 199 years old. $5,000 per bottle. bottles of 1914 moet. part of a larger sale by southeby's. champagne is very sensitive to light and temperature. what does a bottle of 200-year-old champagne taste like? they say the bubbles are less aggressive. but their wine chief tasted it and pronounced it superlative. she said it had, quote, opulence and velvet curtain. don't you love wine talk? vintage champagne is soaring in value with rising wealth. the most expensive bottle of champagne ever so
flipping over on a connecticut highway yesterday. spilling hundreds of gallons of expensive champagne all over the road. the driver of the truck thankfully was not injured. by the way, one case can cost upwards of 500 bucks. it is not known whether hedge fund managers jumped over their mansion walls and began licking the roads. i heard it may be true. >> speaking of champagne, vintage publy prices are apparently popping at auction. robert frank is here i'm sure with more. >> this is...